Reed's (REED) Misses Q1 EPS by 2c, Revenues Beat

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Reed’s, Inc. Announces First Quarter 2021 Financial Results

May 17, 2021 4:05 PM EDT

Net sales increased 28%

Reaffirms fiscal 2021 outlook

NORWALK, Conn., May 17, 2021 (GLOBE NEWSWIRE) -- Reeds Inc. (Nasdaq: REED), owner of the nations leading portfolio of handcrafted, all-natural beverages, today announced financial results for the fiscal first quarter ended March 31, 2021.

Highlights for the First Quarter of 2021

Net sales increased 28% to $12.1 million in the first quarter compared to $9.5 million... More